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Side-by-side financial comparison of BGM Group Ltd. (BGM) and Clearfield, Inc. (CLFD). Click either name above to swap in a different company.

Clearfield, Inc. is the larger business by last-quarter revenue ($34.3M vs $29.2M, roughly 1.2× BGM Group Ltd.). BGM Group Ltd. runs the higher net margin — 1.5% vs -1.8%, a 3.3% gap on every dollar of revenue.

BGM vs CLFD — Head-to-Head

Bigger by revenue
CLFD
CLFD
1.2× larger
CLFD
$34.3M
$29.2M
BGM
Higher net margin
BGM
BGM
3.3% more per $
BGM
1.5%
-1.8%
CLFD

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BGM
BGM
CLFD
CLFD
Revenue
$29.2M
$34.3M
Net Profit
$439.4K
$-614.0K
Gross Margin
7.9%
33.2%
Operating Margin
0.7%
-5.3%
Net Margin
1.5%
-1.8%
Revenue YoY
-3.2%
Net Profit YoY
67.8%
EPS (diluted)
$-0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BGM
BGM
CLFD
CLFD
Q4 25
$34.3M
Q3 25
$23.4M
Q2 25
$49.9M
Q1 25
$29.2M
$47.2M
Q4 24
$29.7M
Q3 24
$22.8M
$5.6M
Q2 24
$48.8M
Q1 24
$32.1M
$36.9M
Net Profit
BGM
BGM
CLFD
CLFD
Q4 25
$-614.0K
Q3 25
$-9.1M
Q2 25
$1.6M
Q1 25
$439.4K
$1.3M
Q4 24
$-1.9M
Q3 24
Q2 24
$-447.0K
Q1 24
$249.7K
$-5.9M
Gross Margin
BGM
BGM
CLFD
CLFD
Q4 25
33.2%
Q3 25
53.2%
Q2 25
30.5%
Q1 25
7.9%
30.1%
Q4 24
29.2%
Q3 24
Q2 24
21.9%
Q1 24
10.9%
7.7%
Operating Margin
BGM
BGM
CLFD
CLFD
Q4 25
-5.3%
Q3 25
10.3%
Q2 25
3.0%
Q1 25
0.7%
0.6%
Q4 24
-6.9%
Q3 24
-3.8%
Q2 24
-4.7%
Q1 24
3.8%
-26.4%
Net Margin
BGM
BGM
CLFD
CLFD
Q4 25
-1.8%
Q3 25
-38.8%
Q2 25
3.2%
Q1 25
1.5%
2.8%
Q4 24
-6.4%
Q3 24
Q2 24
-0.9%
Q1 24
0.8%
-16.0%
EPS (diluted)
BGM
BGM
CLFD
CLFD
Q4 25
$-0.04
Q3 25
$-0.65
Q2 25
$0.11
Q1 25
$0.09
Q4 24
$-0.13
Q3 24
Q2 24
$-0.04
Q1 24
$-0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BGM
BGM
CLFD
CLFD
Cash + ST InvestmentsLiquidity on hand
$9.7M
$96.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$182.1M
$249.7M
Total Assets
$207.4M
$268.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BGM
BGM
CLFD
CLFD
Q4 25
$96.4M
Q3 25
$106.0M
Q2 25
$117.2M
Q1 25
$9.7M
$112.0M
Q4 24
$113.0M
Q3 24
$599.4K
$129.0M
Q2 24
$123.8M
Q1 24
$10.3M
$142.9M
Total Debt
BGM
BGM
CLFD
CLFD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$2.2M
Q2 24
$2.1M
Q1 24
Stockholders' Equity
BGM
BGM
CLFD
CLFD
Q4 25
$249.7M
Q3 25
$256.2M
Q2 25
$264.5M
Q1 25
$182.1M
$265.9M
Q4 24
$267.4M
Q3 24
$9.8M
$275.8M
Q2 24
$274.6M
Q1 24
$43.4M
$279.2M
Total Assets
BGM
BGM
CLFD
CLFD
Q4 25
$268.1M
Q3 25
$306.2M
Q2 25
$314.7M
Q1 25
$207.4M
$310.9M
Q4 24
$303.2M
Q3 24
$26.0M
$315.3M
Q2 24
$318.1M
Q1 24
$49.9M
$315.4M
Debt / Equity
BGM
BGM
CLFD
CLFD
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.01×
Q2 24
0.01×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BGM
BGM
CLFD
CLFD
Operating Cash FlowLast quarter
$-1.4M
Free Cash FlowOCF − Capex
$-2.4M
FCF MarginFCF / Revenue
-7.1%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BGM
BGM
CLFD
CLFD
Q4 25
$-1.4M
Q3 25
Q2 25
$7.9M
Q1 25
$3.0M
Q4 24
$7.2M
Q3 24
$-5.1M
$22.2M
Q2 24
$4.0M
Q1 24
$-5.7M
Free Cash Flow
BGM
BGM
CLFD
CLFD
Q4 25
$-2.4M
Q3 25
Q2 25
$7.5M
Q1 25
$654.0K
Q4 24
$5.1M
Q3 24
$-5.1M
$18.2M
Q2 24
$2.8M
Q1 24
$-7.7M
FCF Margin
BGM
BGM
CLFD
CLFD
Q4 25
-7.1%
Q3 25
Q2 25
15.1%
Q1 25
1.4%
Q4 24
17.1%
Q3 24
-22.2%
323.0%
Q2 24
5.8%
Q1 24
-20.8%
Capex Intensity
BGM
BGM
CLFD
CLFD
Q4 25
2.9%
Q3 25
2.0%
Q2 25
0.8%
Q1 25
5.1%
Q4 24
7.0%
Q3 24
0.0%
71.4%
Q2 24
2.5%
Q1 24
5.3%
Cash Conversion
BGM
BGM
CLFD
CLFD
Q4 25
Q3 25
Q2 25
4.93×
Q1 25
2.30×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BGM
BGM

Other$17.4M60%
Cost of revenue$11.8M40%

CLFD
CLFD

Segment breakdown not available.

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